Investment opportunities in Colchester with guaranteed rental

An excellent opportunity to invest in high quality low-priced apartments in an up and coming area of Colchester, through a Guaranteed Rental Scheme, is being offered for a limited period by Barratt Eastern Counties at its Colne View development.

Barratt, working in partnership with David Phillips Living, is taking the hassle and worry out of investment by offering a guaranteed 7% monthly income for one year and including a furniture pack. The offer is only available for two weeks, from 5th to 20th April.

Colne View is an attractive riverside development of one and two-bedroom apartments in the fast-developing Hythe area, a few miles east of Colchester town centre. Located just minutes from the University of Essex, close to Hythe station, and with excellent facilities, including shops and a residents’ gym, Colne View offers a great lifestyle and superb potential for investors.

Rebecca Littler, Sales and Marketing Director for Barratt Eastern Counties, comments: “Our Guaranteed Rental Scheme makes investing in a property at Colne View extremely easy. With tenants provided for one year and the apartment fully furnished, there is virtually nothing left for investors to do. When the guaranteed rental comes to an end, investors benefit from a continuous supply of potential tenants from the university. From Hythe station it is just 50 minutes to London’s Liverpool Street, making Colne View ideal for commuters too.”

The Guaranteed Rental scheme is available on selected one-bedroom iPads at Colne View, which are priced from just £119,995. These compact, ergonomic homes have a contemporary layout that features an open-plan living/dining/ kitchen area, including an oven, hob, integrated washer/drier and fridge/freezer. The double bedroom comes with fitted wardrobes and the bathroom has a full-sized bath. French doors open from the living area on to a balcony or terrace.

A few very spacious two-bedroom, two-bathroom apartments are also available under the Guaranteed Rental scheme at Colne View, at prices starting from £167,995.

Colchester is a fast developing town that has been designated by the government as a ‘Growth Point’ as part of the Haven Gateway, and has attracted substantial funding. Colne View is located within the Colne Harbour Regeneration project, a multi-million programme that is transforming vacant or underused land alongside the River Colne.

The long-term vision for the area is to create a vibrant urban village with exemplar housing schemes, retail and speciality shops and leisure facilities. Extensive work is already underway to upgrade Hythe station and to improve facilities along the waterfront.

For more information visit Barratthomes.co.uk.